6Viewpoint With Eliot Spitzer
, two weeks after sandy, but where does the recovery stand? but first, president obama gloats mitt romney mopes and the simpsons take a shot at karl rove. when it doesn't fit anywhere else we put it in the viewfinder. >> first i want to thank mitt romney. governor, i admire your tenacity. you got 48% of the vote. even though watching you run for president was like watching someone with roller skates trying to climb stairs. >> oh, darn it. darn it all to heck. >> the good news is that obama won. the bad news, only 39% of whites voted for him. that's the pattern. white people vote for white people like it's going out of style. and like most things that white people do, it's going out of style. >> what's next for you father? >> oh, i don't know. there is so much i want to see and do. i'd like to learn how mayonnaise is made. [ the simpsons ♪ >> hello, mitt. >> hello, karl rove. >> i still think you can win ohio. look, now might not be the best time but could i borrow $300 million? >> what were you doing? >> i went to l.a. >> working woman next to al roker who is a man in the world.
that's why hurricane sandy was such a vital metaphor. it was the real-life reminder that crises whether the cataclysm of 2008 or a natural disaster requires a common effort in response. yes, our sense of community does not override our deep of belief that individuals make our nation great. but no individual can succeed without the surrounding support and investment provided by our sense of community and common purpose. mitt romney simply didn't seem able to convey this simple but core notion of what it means to be an american. fifth, the republican house has to figure out whether to continue to play on justist naysayer or come to the table. is grover norquist still the head of the republican party or will john boehner acknowledge the better angels of his nature and negotiate a meaningful compromise with the president. finally, the question for the president, will he tell the story of our national success with power and passion as he can and did last night to build support for the range of issues that demand attention, from the fiscal cliff to the environment and from the stagnat
sandy something that infuriates me, i see the red cross advertising. clients like the red cross and other charities do business with wall street. i have seen clients like that get ripped off many, many, many times in products that ultimately the fees have taken out of people's donations as much as charities, university endowments teachers pension funds. jamie dimon world where they testify in congress, they say these clients are big boys. they don't come to goldman sachs and stanley are coming for advice. >> eliot: the conflict of interest inherent in a company a big as goldman sachs the question for people like you where does my loyalty go? to the firm which generates fees or to the client to whom i give advice. how do you navigate through those conflicts? >> it's very hard. you'll remember early in the decade a number of regulatory things happened. glass-steagall was repealed. derivatives were deregulated. goldman sachs tigged out how to exploit these conflicts of interest, and trading revenues go from $5 billion to $32 billion in five years. that is largely based on getting bette
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